Investment property in St Lucia has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.52%
If we look at median property appreciation over just the last three months, St Lucia has given property investors a paper return of 11.04%. This puts Suburb as 20 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in St Lucia 4067 should be seeing an average reduction in asking price of around -7.64% . This means that St Lucia is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $550 mark per week – giving a return of 2.43% based on the median price in Suburb
Over the last year, property investments in St Lucia, 4067 have given investors a capital gain of -2.70%. This compares badly with the 0.65% for QLD as a whole.
If we look at median property appreciation over just the last three months, St Lucia has given property investors a paper return of 0.95%. This puts Suburb as 99 on a list of fastest fasting appreciating suburbs in QLD
At number 126th of QLD’s most discounted properties, St Lucia is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $427.5 and the average annual increase in value of a median property of 2.32%, investors should hope to achieve an overall return of 4.94%